Philippines ranks 105th in corruption index

Source BusinessWorld

The Philippines slipped three places in a corruption index released by Global Risk Profile (GRP), which noted that financial aid programs during the pandemic created opportunities for corruption and bribery...

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The introduction of new taxes is crucial to ensure the country’s fiscal sustainability, according to a study from the state-owned think tank Philippine Institute for Development Studies (PIDS)...

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Private sector economists further raised their inflation forecasts, with the rate expected to stay above the two to four percent target range of the Bangko Sentral ng Pilipinas (BSP) until next year as price pressures have become broad-based...

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The government dole, called “ayuda” in Filipino, will still be in the budget, but only about a third of the allocation in the previous administration, according to the Senate’s focal person on the 2023 government spending plan...

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United States Vice President Kamala Harris arrived in the Philippines on Sunday evening, in what was the first visit in five years by a top-ranking US official since former President Donald Trump set foot in the country for the 2017 Asia-Pacific Economic Cooperation Summit...

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Ending all efforts to revive the death penalty and reorienting the “punitive approach” in the war on illegal drugs were among the recommendations accepted by the Philippines before the United Nations’ periodic review on the country’s human rights situation...

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With 99.51 percent of all businesses in the Philippines comprising the micro, small and medium enterprises or MSMEs, a senator is pushing for a legislated measure to help them gain access to the lucrative mainstream market and eventually the global market...

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The Department of Energy (DOE) will seek for the revision of the foreign investment negative list to reflect the opening of the renewable energy sector to full foreign ownership...

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A bill seeking to establish the Cordillera Autonomous Region (CAR) has been approved by the committee on local government at the House of Representatives...

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A bill filed at the House of Representatives seeks to grant a support allowance of P2,000 per month to persons with disabilities (PWDs)...

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The House Committee on Public Works on Thursday approved a new Public Private Partnership law, which seeks to unlock “trillions” in corporate and private sector funds for infrastructure projects in the country...

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Tingog party-list Reps. Yedda Marie Romualdez and Jude Acidre have filed a bill seeking to establish the Philippine Online Library that will house digitized copies of all textbooks and reference books necessary for the public education of elementary and secondary students...

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Albay Second District Rep. Jose Maria Clemente "Joey" Salceda hopes that his proposal to promote biosimilar products will allow increased access to cheaper medicines for those with diseases that need these kinds of medicines...

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Pending passage of bills establishing the Negros Island Regions (NIR), the Department of Budget and Management (DBM) and the National Economic and Development Authority (NEDA) are pushing for the creation of two subregions...

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Camarines Sur Rep. Gabriel Bordado Jr. seeks the creation of a Commission on Special Education (Sped) to oversee the learning requirements of children with special needs, which will be separate from the Department of Education (DepEd)...

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Quezon City Quezon City Rep. Patrick Michael Vargas has proposed a measure seeking to provide P2,000 monthly support to all persons with disability (PWD) and their families...

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Local garment exporters are urging the government to take steps to study and raise awareness on the use of robotics or automation in garment production to help the country remain on the radar screen of foreign buyers...

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For President Ferdinand “Bongbong” R. Marcos Jr., the 29th Asia-Pacific Economic Cooperation (Apec) Economic Leaders’ Meeting (AELM) in Thailand yielded “solutions” to pressing international issues and beneficial commitments for the Philippines...

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President Ferdinand "Bongbong" Marcos Jr. will continue discussing "the Taiwan" issue and other security concerns with United States Vice President Kamala Harris when they meet today, November 21, in Malacañang...

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President Ferdinand R. Marcos, Jr. said countries beyond Asia must not interfere in the territorial dispute in the South China Sea (SCS)...

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Speaker Martin Romualdez on Friday assured the House of Representatives’ commitment to intensify efforts on providing legal framework for the country’s digital transformation necessary to foster economic recovery and spur growth...

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The Philippines’s accession to the World Trade Organization’s (WTO) Agreement on Government Procurement (GPA) and strengthening copyright enforcement are deemed to be “imperative,” as the country is poised for digital-trade integration...

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Thai firms have expressed interest in investing in the Philippines particularly in the areas of infrastructure, transportation, tourism and food security...

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Climate change was the “overarching” concern among world leaders at the recently concluded Asia-Pacific Economic Cooperation (APEC) Summit in Bangkok, Thailand, President Marcos said upon his return to the country late Saturday night...

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A fraught UN summit wrapped up Sunday with a landmark deal on funding to help vulnerable countries cope with devastating climate impacts -- but also anger over a failure to be more ambitious on cutting emissions...

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The US is pressuring Ukraine to be open to peace talks with Moscow, with a top Pentagon official saying Kyiv's forces will find it hard to recover all the territory Russia has captured in the war...

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Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution, but an overall larger agreement still was up in the air because of a fight over emission reduction efforts...

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Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution, but an overall larger agreement still was up in the air because of a fight over emission reduction efforts...

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The US is pressuring Ukraine to be open to peace talks with Moscow, with a top Pentagon official saying Kyiv's forces will find it hard to recover all the territory Russia has captured in the war...

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China and Russia seek a world where force is used to resolve disputes, US Defense Secretary Lloyd Austin warned Saturday (Sunday in Manila), vowing that the United States will continue defending humanitarian principles and international law...

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Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution, but an overall larger agreement still was up in the air because of a fight over emission reduction efforts...

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The United States would likely remain as the Philippines No. 1 security ally under President Ferdinand R. Marcos, Jr., analysts said on Sunday, as the US vice-president is set to visit the country this week...

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Regardless of administration, the government is ironically on top when it comes to violating the country’s labor laws, the most common of which is the never-ending issue of contractualization, a senior opposition legislator has disclosed...

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About P15.6 billion worth of vaccines against COVID-19 or 31.1 million doses with an estimated value of P500 each have gone to waste, Senator Pia Cayetano said Sunday...

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The Senate begins the period of amendments Monday for the proposed P5.268-trillion National Expenditure Program of 2023, with confidential and intelligence funds (CIFs) to get the most scrutiny...

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Despite the strong objection by opposition lawmakers, Vice President and concurrent Education Secretary Sara Duterte is likely to keep P650 million in confidential funds in the 2023 national expenditure plan, Sen. Juan Edgardo Angara said on Sunday...

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The Civil Service Commission (CSC) may soon adopt the Supreme Court’s digitalized and regionalized system for bar examinations for its own civil service exams in lieu of the conventional pen-and-paper tests...

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The Pamantasan ng Lungsod ng Maynila (PLM) has dropped its sex-based guidelines on school uniforms in favor of a gender-neutral policy...

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The Court of Appeals (CA) has urged healthcare institutions not to resort to unscrupulous methods just to avail of the benefits being provided by the Philippine Health Insurance Corp. (Philhealth)...

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Following reports that more than 31 million doses of anti-coronavirus vaccines worth P15.6 billion went to waste, Go Negosyo founder Jose Ma. "Joey" Concepcion 3rd said there should be pre-registration for future mass vaccination programs...

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Hannah Marie Estapa was in fourth grade when her teacher instructed her to go home by herself as part of the training for visually impaired learners like her...

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State-sponsored and employer abuse, insufficient compensation, and lack of social protection make it difficult for freelance journalists to survive in the Philippine media industry, according to a new study by the National Union of Journalists of the Philippines (NUJP) that attempts to explore the vulnerabilities of the sector...

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Agrarian Reform Secretary Conrado Estrella 3rd pledged to implement programs and projects to alleviate poverty, develop agribusiness, generate employment and promote peace and order in settlement areas to be funded under the Official Development Assistance (ODA)....

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The Philippine National Police (PNP) on Sunday reminded the public to remain vigilant against the proliferation of fake peso bills, especially during this Christmas season...

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The tightening financial environment amid a spate of aggressive rate hikes may result in more firms having difficulty servicing immediate debt payments, according to the Bangko Sentral ng Pilipinas (BSP)...

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The Philippine stock market sustained its momentum last week as investors factored in the jumbo 75-basis-point rate hike of the Bangko Sentral ng Pilipinas (BSP), which it did to match the hawkish stance of the US Federal Reserve...

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‘HOLIDAY economics” will help the country’s tourism industry recover faster as more Filipinos are seen booking vacations with family and friends to domestic destinations next year...

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The Philippine Stock Exchange (PSE) is hopeful that companies will revisit their plans to go public after third quarter numbers show that the economy is making a strong comeback...

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The government will need to focus on making more investment opportunities available and developing human capital to create more and better quality jobs, the National Economic and Development Authority (NEDA) said...

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Officials of the Bangko Sentral ng Pilipinas (BSP) are confident recent policy rate adjustments will improve the country’s medium-term growth prospects...

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Audrey Cruz was one of the many Filipinos who sold pans of sushi bake at the start of the coronavirus pandemic...

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